Introduction:
Feeling lost about what crypto currency to invest in ???? I'm no A.I. but this might be quite useful!
For someone with little time on their hands and constantly finding it hard to choose and stick to a particular cryptocurrency, there is a few highlights you might want to look at in this heartfelt article that i'm gladly willing to share with this amazing community.
Enjoy (:-)))))(:-))))(:-)))))
Body:
Before jumping into altcoins (alternative currencies to the bitcoin e.g Steem), when starting of one needs to look out for the dominating currencies that everyone keeps talking about.
Bitcoin(BTC) - $4232.23
Maximum supply - 21,000,000 BTCEthereum (ETH) - $291.54
Circulation supply - 94,948,248 ETHRipple (XRP) - $0.204040 [currently low priced; highly anticipated to boost]
Total Supply - 99,994,523,265 XRP
Very large total supply but then again a very large volume is traded hence the 7.8 billion dollar market capBitcoin Cash (BCH) - $386.13
Maximum supply - 21,000,000 BTCLitecoin (LTC) - $51.84
Maximum supply - 84,000,000Zcash (ZEC) - $243.77
Maximum supply - 2,324,569 ZECSteem (Steem)- 1.13 [currently low priced; highly anticipated to boost]
Total supply - 259,398,911
Steem has an absolutely large community online and has the ability to blow up as a large successful paid social media site
which enables
Other Altcoins that are talked about a lot all over youtube and other social media platforms.
They do have a very large potential of blowing up to much higher values when kept for long term investment.
Stratis (STRAT) - $3.83
Circulating Supply - 98,568,574 STRAT
OmiseGo (OMG) - $8.64
Total Supply - 140,245,398
Iota (MIOTA) - $0.522527
Max Supply - 2,779,530,283
InvestFeed (IFT) - $0.063775
Circulating supply - 191,381,257
This also has a large community online . https://www.investfeed.com/)
NEMcoin (XEM) - $0.218494
Circulating supply - 8,999,999,999
Personal favourites (not talked about too much but i truly believe they have unimaginable potential)
Monero (XMR) - $89.26
Circulating supply - 15,172,110
I highly recommend this particular currency because people rarely talk about it but i've followed it from the from the point where it was about 20 dollars and now it's worth about (90 dollars ).
Augur (REP) - $19.13
Circulating supply -11,000,000
This is a token based platform for decentralized market prediction.
Augur combines the magic of prediction markets with the power of a decentralized network to create a stunningly accurate forecasting tool - and the chance for real money trading profits.
Summary:
As you can see there seems to be a correlation between the available supply of the currency and its price, hence from personal experience i would advise that for a long term and more stable investment you look out for coins with a relatively low supply.
However there some like XRP (ripple) that have a very large supply; these cannot be ignored because they may have a much more practical use, for instance XRP is used by banks to move massive volumes of money because of it's stability, quickness and large supply implying that when it increases in value up to say 1 USD, investment at the current price would be extremely profitable.
Thank you and i hope this article helps those out there struggling to choose a currency to invest in, plus the beauty is such that you can always refer back to this article to see how things have progressed.
All the best in all your investment endeavors and remember: HODL. Cheers (:-)))))(:-))))(:-)))))
Please:
Upvote, Follow and Resteem. Love you guys
Follow me on twitter : @Mawa
Please feel free to or not to donate. love you guys. (:-)))))(:-))))(:-)))))
BTC - 15b6DxtDyNLjyv2EsDa9NouPRUfXKgZByd
ETH - 0x6bf3c7aef8fc80264488b3eb47c335f32d19af2a
BCH - 1AavrGTiHEnRFVDzaKZeshytfd3Db6EkVM
LTC - LMkBsKnuhr49a9ncy2655sFBF86NReEHep